Latest Market News Archives - Page 170 of 225

19MayMay 19, 2020

James Hardie (ASX:JHX) shares are up after reporting better-than-expected profit: ASX tracking 2.03% higher at noon

19 May 2020 - The ASX shot up at the open after a boost from promising news regarding a vaccine for Covid-19. It is now tracking almost 2.03% higher at noon. Building products manufacturer James Hardie (ASX:JHX) shares have seen a leap today after reporting a 6% increase in full-year profit today. Shares in Oil Search (ASX:OSH) are also up. Byron Energy (ASX:BYE) has completed a $16 million capital raising.

19MayMay 19, 2020

Hopes raised for a coronavirus vaccine: ASX set to surge at the open

19 May 2020 - Following a surge from US markets overnight, the ASX looks set to open higher this morning. Late trade in New York saw the Dow up over 900 points. The boost to the markets came as hopes for a vaccine for Covid-19 looks promising. Back home there are reports China will impose a massive 80% tariff on Australian barley imports. Michael Hill International jewellers (ASX:MHJ) today announced CEO Daniel Bracken will take a few weeks away...

18MayMay 18, 2020

Loneliness is highest stressor – ABS survey: Aus shares close 1.03% higher

18 May 2020 - The Australian share market rose at the open and continued to rally closing 1.03 per cent up at the end of trade. Loneliness was the most widely reported source of personal stress for Australians during April affecting 28 per cent of women and 16 per cent of men.

18MayMay 18, 2020

Virgin Australia Group (ASX:VAH) administrators confirm buyer shortlist: Aus shares up 1.3% at noon

18 May 2020 - The Australian share market opened higher this morning and is now trading 1.3 per cent up at noon. Virgin Australia Group (ASX:VAH) administrators Deloitte have confirmed they’ve shortlisted a small number of parties to be invited into the next stage of the process to find a new owner for the airline.

18MayMay 18, 2020

Auckland Airport (ASX:AIA) volumes decrease 97.5% in April: Aus share market set to open higher

18 May 2020 - The Australian share market looks set to open higher for the first day of the week. Auckland Airport (ASX:AIA) total passenger volumes decreased by 97.5% in April 2020 versus last year. US Federal Reserve Chairman Jerome Powell says a full economic recovery may not happen without a vaccine.

15MayMay 15, 2020

Tech stocks lead losses: Aus shares close 1.4% higher

15 May 2020 - The Australian share market rose at the open and continued to rally throughout the day, closing 0.4 per cent up at the end of trade.

15MayMay 15, 2020

Coca-Cola Amatil (ASX:CCL) appoints CFO: Aus shares 0.7% higher at noon

15 May 2020 - The Australian share market opened higher this morning and is now trading 0.7 per cent higher at noon. Coca-Cola Amatil (ASX:CCL) has appointed Greg Barnes as their Chief Financial Officer.

15MayMay 15, 2020

US markets close up: Australian share market set to open higher

15 May 2020 - Following positive leads from US markets, the Australian share market looks set to open higher this morning. Jeweller Michael Hill (ASX:MHJ) will reopen 100 stores across Australia and 25 in New Zealand.

14MayMay 14, 2020

Jobless rate rises to 6.2% in April: The ASX closed 1.7% lower

14 May 2020 - The ASX fell at the open and failed to gain momentum closing 1.7% lower. Graincorp (ASX:GNC) rallied after releasing their half year results. Shares in Breville (ASX:BRG) also did well after completing its $94 million institutional placement Aerial mapping specialist Aerometrex (ASX:AMX) is buying Spookfish Australia.

14MayMay 14, 2020

The biggest monthly decline in jobs on record: ASX tracking 0.9% lower at noon

14 May 2020 - The ASX dropped at the open and is now tracking 0.9% lower at noon. Shares in agribusiness GrainCorp (ASX:GNC) are doing well today after they reported a profit after tax of $388 million for the half-year. United Malt (ASX:UMG) is raising $140m via a fully underwritten institutional placement and a nonunderwritten SPP.

Latest Market News

James Hardie (ASX:JHX) shares are up after reporting better-than-expected profit: ASX tracking 2.03% higher at noon

Hopes raised for a coronavirus vaccine: ASX set to surge at the open

Loneliness is highest stressor – ABS survey: Aus shares close 1.03% higher

Virgin Australia Group (ASX:VAH) administrators confirm buyer shortlist: Aus shares up 1.3% at noon

Auckland Airport (ASX:AIA) volumes decrease 97.5% in April: Aus share market set to open higher

Tech stocks lead losses: Aus shares close 1.4% higher

Coca-Cola Amatil (ASX:CCL) appoints CFO: Aus shares 0.7% higher at noon

US markets close up: Australian share market set to open higher

Jobless rate rises to 6.2% in April: The ASX closed 1.7% lower

The biggest monthly decline in jobs on record: ASX tracking 0.9% lower at noon

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